From midnight to morning, Bitcoin briefly surged to a high of $103,796 ๐๐ before facing resistance and dipping back to a morning low of $102,903, continuing to fluctuate within this tight range. Similarly, Ethereum has been consolidating steadily between $2,437 and $2,381 ๐๐ฃ.
On the 4-hour chart, the market shows alternating small bearish and bullish candles, supported by the lower Bollinger Band โ a sign of ongoing tug-of-war between bulls ๐ and bears ๐ป. Weekend liquidity is typically low, so this sideways trend is likely to continue.
On the 1-hour timeframe, both BTC and ETH show a clear deadlock:
MACD lines are gradually converging below the 0-axis โ, suggesting bearish momentum is weakening.
KDJ lines hover near the 50-level โ, reflecting indecision and lack of strong direction.
๐ With BTC near the key support at $102,900, and ETH stabilizing around $2,380, pullback buying may offer favorable entries โ especially as indicators hint at slowing downside pressure.
๐ Trading Suggestions:
๐ธ BTC: Buy around $102,500โ$103,000, target $104,500 ๐ฏ
๐น ETH: Buy around $2,380โ$2,400, target $2,500 ๐
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From midnight to morning, Bitcoin briefly surged to a high of $103,796 ๐๐ before facing resistance and dipping back to a morning low of $102,903, continuing to fluctuate within this tight range. Similarly, Ethereum has been consolidating steadily between $2,437 and $2,381 ๐๐ฃ.
On the 4-hour chart, the market shows alternating small bearish and bullish candles, supported by the lower Bollinger Band โ a sign of ongoing tug-of-war between bulls ๐ and bears ๐ป. Weekend liquidity is typically low, so this sideways trend is likely to continue.
On the 1-hour timeframe, both BTC and ETH show a clear deadlock:
MACD lines are gradually converging below the 0-axis โ, suggesting bearish momentum is weakening.
KDJ lines hover near the 50-level โ, reflecting indecision and lack of strong direction.
๐ With BTC near the key support at $102,900, and ETH stabilizing around $2,380, pullback buying may offer favorable entries โ especially as indicators hint at slowing downside pressure.
๐ Trading Suggestions:
๐ธ BTC: Buy around $102,500โ$103,000, target $104,500 ๐ฏ
๐น ETH: Buy around $2,380โ$2,400, target $2,500 ๐
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